McCourt Partners and Discovery Land Company Announce Partnership to Develop Residential Community & Equestrian Club in Wellington, Florida
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Wellington, FL (August 4, 2024) – McCourt Partners and Discovery Land Company announced today a joint venture partnership to develop a new residential community and equestrian club at Isla Carroll. The 80-acre site is located in the heart of Wellington, Florida, in close proximity to the National Polo Center and Wellington Horse Show Grounds and will deliver 40 residences alongside premium amenities.
“Isla Carroll is a unique opportunity for us to evolve the Discovery experience in a new setting: an equestrian center with unparalleled amenities and service in the vibrant Palm Beach County community of Wellington,” said Michael S. Meldman, Founder and Chairman of Discovery Land Company.
“We are proud to have found a partner in Discovery Land Company who shares our commitment to celebrating the long history of equestrian lifestyle and sport in the area,” added Jordan Lang, President of McCourt Partners. “It’s our great privilege to work together to introduce a world-class experience that honors the Village of Wellington’s Equestrian Preserve Plan.”
Isla Carroll will offer a suite of amenities that expand upon the offerings that Discovery is most known for, including fine dining, a luxury spa and wellness center, indoor and outdoor sport facilities, event space, and a signature kids club. These amenities will complement the significant equestrian programming that includes stables, a covered walker, paddocks, riding ring, covered arena, event lawn, and bridle trails. The community will also feature an organic farm and scenic lakes.
The Isla Carroll property lies within the Village of Wellington’s Equestrian Preserve Area and its planning advances the Village of Wellington’s Comprehensive Plan of “promoting an equestrian community and lifestyle.” The site plan was developed according to the Village’s Equestrian Development zoning code regulations. These regulations are designed to ensure the protection of the equestrian community, a shared goal deeply held by McCourt Partners and Discovery Land Company.
In proximity to Discovery’s newest Florida development, Atlantic Fields, as well as Palm Beach, this new residential equestrian community boasts a highly desirable location and will make for an exceptional living experience in line with the reputation that Discovery Land Company has established over 30 years.
About McCourt Partners
McCourt Partners is one of the most visionary and community-driven family-owned real estate development, investment and management companies in the world. With more than $1 billion of permanent capital, it has made significant investments in flagship projects in New York City, Los Angeles, Austin, Dallas, London and Miami. McCourt Partners endeavors to build stronger communities through inclusive space, green technology, and resilient design. In addition to over 10 million square feet of assets planned, designed, financed or under development, the company was recently awarded development rights for a 28 million-square-foot site, adjacent to Taiwan Semiconductor Manufacturing Corporation’s campus in Phoenix, Arizona. For more information, visit www.mccourtpartners.com.
About Discovery Land Company
Discovery Land Company is a US-based real estate developer and operator of private residential club communities with a world-renowned portfolio of more than 35 domestic and international properties. Every community features unparalleled amenities and inspired experiences that cater to a family-oriented lifestyle. Driven by a commitment to excellence and innovation, Discovery’s distinguishing hallmark is a unique approach to each location that respectfully integrates the natural and cultural characteristics of the land that surrounds it. Designed to facilitate family connections and make lifelong memories, Discovery’s programs, amenities, and services focus on creating an experience that everyone in the family will enjoy. Discovery Land Company properties are located around the globe, including throughout the United States, Europe, Central America, and Dubai. To learn more, visit discoverylandco.com.